News

UAE state-owned renewable energy developer Masdar has signed a number of solar PV and renewables agreements in small and emerging global solar markets.

Spanish developer Acciona Energia will begin constructing a 380MW solar PV plant in Australia in the first quarter of 2024.

Scatec has signed an agreement with the Egyptian Electricity Holding Company to develop a project consisting of 1GW of solar and 200MWh of battery storage during the COP28.

The solar industry in California “has experienced devastating results in the form of business closures and depression-level layoffs”.

118 countries have signed the ‘Global Renewables and Energy Efficiency Pledge’ on Saturday (2 December) at COP28 in Dubai to treble global installed capacity by 2030.

North Macedonia has announced plans to deploy 1.7GW of renewable energy capacity by 2030 and entirely phase out its coal power generation fleet.

New York state has installed 2GW of community solar capacity, according to the New York State Energy and Research Development Authority.

Under the agreement, bp will acquire the remaining stake of 50.03% in Lightsource bp at a base equity value of US$320.96 million.

Solar PV developer and asset owner Photon Energy has signed an operations & maintenance (O&M) contract with Swedish developer OX2 AB for 100.19MWp of solar PV in Poland.

US solar developer Primergy Solar has closed commitments for US$300 million in debt and text equity investments for a 100MW solar project in Arkansas, US.